StacksVerified U.S. regulatory reference

38 CFR §36.4513

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
In the event of a foreclosure sale or other liquidation of the security for a loan, the Department of Veterans Affairs shall credit upon the indebtedness the greater of:
  1. (a)The net proceeds of the sale, or
  2. (b)The current market value of the property as determined by the Department of Veterans Affairs, less the costs and expenses of liquidation.